Canadian biofuel capacity to reach 265 Mgy in ‘08, 350 Mgy in ‘09
The Canadian Renewable Fuels Association said that Canadian biofuel capacity would reach 265 Mgy this year with production at 238 Mgy. Production capacity will increase to 350 Mgy in 2009, the group said.
Last week, the House of Commons passed the C-33 Biofuels Bill, by a vote of 173 to 64, and the bill now moves to the Canadian Senate for consideration. The bill establishes an E5 mandate for gasoline commencing in 2010 and a B2 biodiesel mandate commencing in 2012.
“Natural Resources Canada’s GHGenius lifecycle model finds that the renewable fuel standard as outlined in Bill C-33 will result in a 4.2 megatonne reduction in harmful greenhouse gas emissions – the equivalent of removing over one million cars and their CO2 emissions from Canadian roads, every year” said Don O’Connor, President, S&T squared Consultants.
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